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What are the recent trends in the us trade deficit in the

To find the U.S. balance of payments data, go to https://www.bea.gov

From the BEA home page, click on "Balance of Payments" under "International", and then click on "Latest News Release". After reading the news article, answer the following questions:

a. What are the recent trends in the U.S. trade deficit in the past quarter? Why?

b. What are the major components of the Balance of Payments that are discussed in the article? Briefly, how have these been moving in the recent past?

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